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(323) 864-4211
Linda Roth Burrell
5329 Agnes Ave, Valley Village, CA 91607
- $3,200,000
- 20
- BD
- 26
- BA
- 11,972
- SqFt
- List Price
- $3,200,000
- MLS#
- 26993229
- Year Built
- 1965
- Bedrooms
- 20
- Bathrooms
- 26
- Living Sq. Ft
- 11,972
- Lot Size
- 13,004
- Days on Market
- 10
- Property Type
- Multifamily
- Stories
- 2
Property Description
5329-5333 Agnes Avenue offers investors the opportunity to acquire a 16-unit multifamily property in prime Valley Village. The unit mix includes (2) 2-bedroom, 1.5-bath townhomes, (8) 2-bedroom, 2-bath units, and (6) studio units, providing a range of floor plans for prospective tenants. Offered at $3,200,000, the property is priced at $200,000 per unit and approximately $267 per square foot. At the asking price, it offers a 5.66% going-in cap rate and a 10.85 GRM, with approximately 43% upside in rents. The gap between current and market rents presents an opportunity to increase rental income over time.The property comprises 2 separate APNs and may offer potential for additional ADUs, subject to buyer verification. Its location in prime Valley Village places residents near dining and entertainment options in a walkable neighborhood. The combination of in-place income, rental upside, and potential for additional units makes 5329-5333 Agnes Avenue a compelling multifamily investment opportunity.
Additional Information
- Other Buildings
- None
- Heat
- Wall Electric
- Cooling
- Wall Unit(s)
- Number of Cars in Garage
- Attached
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Courtesy of Lyon Stahl Investment Real Estate, Inc., David Saghian - CA DRE#01992252
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